Gwypaas

20 ms·

181.
by Gwypaas 4y ago
Moving the goalposts... Primary energy. That will shift dramatically as industries get electrified. No point cooling 70% of the produced energy in a nuclear or coal plant anymore. Similarly, the question of interest is what to build. Fossi
182.
by Gwypaas 4y ago
Now try get private insurance for a nuclear power plant. The alternative is not burning things, it is renewables. Stop creating a strawman to argue against.
183.
by Gwypaas 4y ago
Of course, any single point of failure is risky.
184.
by Gwypaas 4y ago
Put it in a money market fund and periodically withdraw. Use an insured cash sweep. It is economics 101. Even a regular citizen doing a once-in-a-decade housing deal has to be wary of it.
185.
by Gwypaas 4y ago
The next SVB then knows to cash out early and treat the stock as zero-value.
186.
by Gwypaas 4y ago
The scale is quite manageable. https://assets.weforum.org/editor/t61Gval6jNxKl0xG9POelafG3H... https://i.imgur.com/JYMNAWR.png
187.
by Gwypaas 4y ago
Now you are conflating primary energy usage and what the consumers need. Any thermal engine is cooling away 40-80% of the energy. For coal it is about 60% to 70% depending on if the plant uses supercritical steam or not.
188.
by Gwypaas 4y ago
Now cite some research showing it is cheaper to build nuclear than manage the variability of renewables. Then try to put that nuclear plant on a marginal price energy market dominated by renewables. https://ieeexplore.ieee.org&#x
189.
by Gwypaas 4y ago
Nuclear 40 years ago was the right choice. France did it not for the environment but for energy security. The Messmer plan today would be renewables. The problem with nuclear is that it is extremely expensive, 5x the price of renewables, an
190.
by Gwypaas 4y ago
There is one industry where the laws limit liability even to enable it to be built. That is nuclear power. https://en.wikipedia.org/wiki/Price%E2%80%93Anderson_Nuclear...
191.
by Gwypaas 4y ago
All materials for renewables can be recycled. It is not like they are lost. Also, compare the huge exploitation the fossil industry, which we are replacing, is already doing of the earth. From a total material requirement, nuclear is in lin
192.
by Gwypaas 4y ago
Why did you skip half the sentance? > The first commercial plants are not expected before 2040–2050,[3] although the World Nuclear Association in 2015 suggested that some might enter commercial operation before 2030.[4] An optimistic 203
193.
by Gwypaas 4y ago
All materials for renewables can be recycled. It is not like they are lost. Also, compare the huge exploitation the fossil industry, which we are replacing, is already doing of the earth. From a total material requirement, nuclear is in lin
194.
by Gwypaas 4y ago
Nuclear is awful for peak demand. The cost model of super expensive CAPEX and low OPEX only lends itself to running at 100% 24/7. Let us say you run a peaking nuclear plant. It can run for 30% of the time, optimistically. It now costs
195.
by Gwypaas 4y ago
Please cite a study which confirms that. I have not seen it in all my research.
196.
by Gwypaas 4y ago
No need to factor in storage when creating synthetic fuels like the GP suggests.
197.
by Gwypaas 4y ago
There has been more near misses in the nuclear industry than tsunamis. After Fukushima about all plants in the west had to install independent core cooling because the regulators realized the risk was systemic, even though the cause was spe
198.
by Gwypaas 4y ago
Why use nuclear energy when renewables do it without any radiation or 3rd party hazard for 1/5th the cost? That sounds awfully close to a solution looking for a problem. https://www.lazard.com/perspective/levelized
199.
by Gwypaas 4y ago
Storage, or dispatchable energy, in whatever form is given, but is it 1, 4, or 12 hours?
200.
by Gwypaas 4y ago
2040? 2050? Which problem are we solving?
201.
by Gwypaas 4y ago
China is investing a pittance in nuclear to keep the option open. That is the result of autocratic five-year plans in a huge economy.
202.
by Gwypaas 4y ago
Until you need backpressure, then you are left with awful out-of-band hacks and hope for the best.
203.
by Gwypaas 4y ago
> And then a bunch of small business fail, then everyone else looks at 20 other small and middle-tier banks and realizes they don't want to end up the same way and pull their money out, then they fail, per your suggestion FDIC still
204.
by Gwypaas 4y ago
> Covering all the deposits out of the FDIC fund when none of the assets are bad debt just makes sense. The shortfall will be assessed from banks next quarter and the assets will be held to maturity by the Fed most likely and the proceed
205.
by Gwypaas 4y ago
Exactly, I do not want anyone to lose money, but the government should not step in and cover the haircut that may or may not happen. The insured limits are plastered all over the account when you open them. If you find them unacceptable, th
206.
by Gwypaas 4y ago
Remove the single point of failure in having one bank. Put the money not needed for day-to-day operations into short-term liquid government-based financial instruments like t-bills. If you still think the risk is too high, pay the premium f
207.
by Gwypaas 4y ago
> Imagine a 70 year old woman who just lost her husband and sold her house to downsize to an apartment. She has $1 million in her SVB account and plans to live off the interest in her retirement. Should this 70 year old widow take a $750
208.
by Gwypaas 4y ago
EDF is essentially the state nuclear energy, which has been talks of being renationalized. > A price cap on energy for French consumers hit EDF profits hard but so did the enforced closure of many of its of nuclear power stations for rep
209.
by Gwypaas 4y ago
Either you pay on the tax bill or electricity bill. France chose tax bill.
210.
by Gwypaas 4y ago
Depleted? Why this negative outlook? Germany filled all storage last winter, and are still at ~70%. The next winter will be easier as we adapt to the new reality. https://i.redd.it/zv0bh84l3xia1.png

More ›